After Microsoft, Amazon announces Rs 3.14 lakh crore investment in India to advance AI innovation, create jobs

US-based ecommerce giant Amazon on Wednesday announced that it will invest more than $35 billion (approx Rs 3.14 lakh crore) in India by 2030.

The company said that the investment will focus on business expansion as well as three strategic pillars, including AI-driven digitization, export growth, and job creation.

The announcement was made at the sixth edition of the Amazon Smbhav Summit in New Delhi. Notably, Amazon has also emerged as the largest foreign investor in India, according to an Economic Impact Report by Keystone Strategy.

The development comes a day after Satya Nadella met PM Narendra Modi and announced a commitment to invest $17.5 billion in India to strengthen the country’s AI infrastructure and talent capabilities.

Amit Agarwal, Senior VP, Emerging Markets, Amazon, said, “We are humbled to have been a part of India’s digital transformation journey over the past 15 years, with Amazon’s growth in India perfectly aligned with the vision of an Atmanirbhar and Viksit Bharat. We have invested at scale in growing the physical and digital infrastructure for small businesses in India, creating millions of jobs, and taking Made-in-India global.”

By 2030, Amazon expects its expanded operations and delivery network to support 3.8 million direct, indirect, induced and seasonal jobs.

Agarwal said, “Looking ahead, we're excited to continue being a catalyst for India’s growth, as we democratize access to AI for millions of Indians and quadruple cumulative ecommerce exports enabled to $80 billion by 2030.”

The company also outlined a multi-layered AI commitment aimed at transforming India’s digital landscape and supporting the government’s “AI for All” vision.

By 2030, Amazon aims to extend AI tools and capabilities to 15 million small businesses, improve shopping experiences through Lens AI for visual discovery, conversational shopping through Rufus, and multilingual features that reduce literacy barriers.

It wil also focus on providing AI education and career exploration opportunities to 4 million government school students. This includes curriculum support, technology career tours, hands-on AI sandbox modules and teacher training.

Amazon reiterated its target of enabling $80 billion in cumulative ecommerce exports from India by 2030. The company said ongoing investments in logistics and global marketplace integration will help Indian manufacturers and MSMEs scale their presence in international markets.